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Recent Developments inMacroeconomics

Gupta G S

No WP2002-01-03, IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: The paper presents the subject matter of macroeconomics and the developments that have taken place in macroeconomic theory and policy since the Keynesian theory of 1936. In particular, it highlights the problems in data measurement, describes the business cycles and the roles of stabilisation policies in countering them, and delineates the factors determining economic growth.

Date: 2002-01-03
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